7112 Zionsville RdIndianapolis, IN 46268

  • Industrial properties
  • 41,400 SF
For Lease
$11.50/SF/YR View listing

Property Details for 7112 Zionsville Rd

Year built
1983
Construction
TYPE NOT SPECIFIED
Lot size
9.28 AC
Property size (Sq ft)
41,400 SF
Zone code
ZO01
Property type
Industrial properties
APN
49-04-26-103-011.000-600
APU
490426103011000600

Description

This exceptional industrial property, located at 7112-7172 Zionsville Road in Indianapolis, Indiana, offers a prime opportunity for warehouse and distribution businesses. The Park 100 Building 106 boasts a total of 41,400 square feet of space, currently configured as a single suite. While the building is largely occupied, there are 1,800 square feet of vacant space immediately available for lease. The warehouse features a desirable 14-foot ceiling height, providing ample vertical storage capacity. Convenient access is ensured by the presence of two drive-in doors, streamlining loading and unloading operations. The property is zoned I-2-S, making it suitable for a variety of industrial uses. Situated in Marion County, with a zip code of 46268, this location offers excellent access to major transportation routes, enhancing logistical efficiency. The property's address is 7112-7172 Zionsville Road, Indianapolis, IN 46268. This is an ideal space for businesses seeking a functional and strategically located warehouse in the Indianapolis area. The available space is 1,800 square feet. Inquire today to learn more about leasing opportunities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $12,902,900
    6.5%
    $11,910,400
    7%
    $11,059,600
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,230,110
    Geo Method
    $6,230,110
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $5,943,530
    Mixed-Use / Specialty
    $5,793,070
    Hospitality / Lodging
    $4,081,880
    Office
    $5,624,010
    Institutional / Educational
    $5,976,260
    Residential Income
    $6,992,220
    Multifamily
    $9,102,750
    Automotive / Energy
    $5,122,500
    Parking / Income-Based Land
    $1,895,430
    Restaurant / Food Service
    $2,737,130
    Healthcare / Senior Housing
    $6,073,250

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.8827
Longitude
-86.2612
CBSA code
26900
CBSA name
INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$67,420
$1,732,600
$1,157,600
$2,890,200
-
$1,732,600
$1,157,600
$2,890,200

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